J. MILLARD TAWES, Governor                     1135

229.

It shall be unlawful and shall be deemed a corrupt practice for any
corporation, incorporated under the laws of Maryland or of any state
or territory of the United States, or the District of Columbia, or of
the United States, or of any other country directly or indirectly, by
itself, or through any officer, agent or employee, representative, or
other person whatsoever, to give, contribute, furnish, lend or promise
any money, property, transportation, means or aid to any political
party, or any candidate for public office, or for nomination thereto,
or to any political treasurer or [political agent] subtreasurer, as
herein defined, either directly or indirectly, to aid, promote or in-
fluence the success or defeat of any political party or principle, or of
any measure or proposition submitted to a vote at a general election
or primary election in this State, or to aid, promote or influence in
any manner the election or defeat of a candidate therein, or to be used,
applied or expended in any way whatever for political purposes. Any
corporation, which shall violate any of the provisions of this section,
and the president or director, or other officer, or agent of such cor-
poration, who shall personally violate any of the provisions of this
section, shall be deemed guilty of a misdemeanor, and shall be pun-
ished by a fine of not more than five thousand dollars ($5,000) for
each offense, and imprisonment for not more than three years in jail
or in the House of Correction.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1965.

Approved May 4, 1965.

CHAPTER 745
(Senate Bill 17)

AN ACT to add new Section 266A to Article 48A of the Annotated
Code of Maryland (1964 Replacement Volume), title "Insurance
Code," subtitle "17. Stock and Mutual Insurers," to follow im-
mediately after Section 266 thereof, to specify the minimum
number of directors of a domestic insurer in the State.

Section 1. Be it enacted by the General Assembly of Maryland,
That a new Section 266A be and it is hereby added to Article 48A
of the Annotated Code of Maryland (1964 Replacement Volume),
title "Insurance Code," subtitle "17. Stock and Mutual Insurers," to
follow immediately after Section 266 thereof, and. to read as follows:

266A.

The board of directors of a domestic insurer shall be composed of
not less than nine members.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1965.

Approved May 4, 1965.